What is Life Insurance?
Life insurance is a contract between an insurer and a policyholder that provides financial protection to the policyholder's beneficiaries in the event of the policyholder's death. The policyholder pays regular premiums to the insurer, and in exchange, the insurer promises to pay a sum of money to the policyholder's beneficiaries upon the policyholder's death.
Term life insurance is a type of life insurance that provides coverage for a specified period of time, usually 10, 20, or 30 years. Whole life insurance, on the other hand, is a type of life insurance that provides coverage for the policyholder's entire lifetime and may also include an investment component. Both types of insurance can provide valuable protection for families in Granada Hills, CA, and can be tailored to fit specific needs and budgets.
Common Types of Life Insurance
Term Life Insurance
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17425 Chatsworth Street #104
Granada Hills, CA 91344
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